Payment Demand Letter

February 10, 2008 BY REGISTERED MAIL

Urgent! Final Notice

Dear Sir/Madame: Re: This letter will serve as formal notice to you that you are in default of your obligation to repay the sum of which was loaned to you on plus interest in the amount of . The total amount of is now overdue and you have failed to repay the same despite repeated requests for payment by our us. Unless payment of the above amount is received by us in full within ten (10) days of the date of this letter, we will have no alternative but to exercise whatever rights and remedies we have under the law to enforce such payment, including but not limited to institution of legal proceedings against you to recover the above amount, together with accrued interest and legal expenses. Kindly govern yourself accordingly. Yours truly,